Brigadier General Md Humayun Kabir has been appointed as an Independent Director of Dhaka Stock Exchange (DSE), following approval from Bangladesh Securities and Exchange Commission (BSEC) recently.
He replaces the outgoing Independent Director, Brigadier General Syed Ashikur Rahman. The appointment was made following an application by DSE, in accordance with Regulation 3 of the DSE Board and Administration Regulations, 2013, said a press release on Thursday.
DSE is the country’s main stock market. The role of independent directors on the institution’s board is important for corporate governance, policy-making and market management. Following the DSE’s application, the appointment of independent directors is approved after discussion and verification of appropriate and correct criteria, the press release added.
Kabir holds an MPhil degree. He currently serves as the Commander of the 46th Infantry Brigade of Bangladesh Army.
